IVZ 1.47% 6.9¢ invictus energy ltd

Ann: Suspension from Official Quotation, page-47

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 233 Posts.
    lightbulb Created with Sketch. 150
    I got scaled back to just over 50% of my application. So I can't see the scale back as high as 90%. I also think that the issue would have been placed with (mostly) current holders who already know the company and hold shares. My immediate reaction to the cap raise and the terms, was "Wow that's cheap and you get the options". I had also already built up a stake to where I was comfortable. So my plan was to see if I could get in on the raise and then reduce my exposure back to my comfort level and hold the options into the future. My point is that I think this strategy is not unique and there will be those that are happy to offload their shares at anywhere from 23c and up. So if you are want to accumulate, I think you will be given the opportunity at much lower prices than 31c to do so. Unless we see an announcement that changes the situation before we resume trading. Just my opinion of course.

    DYOR and GLTA.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.9¢
Change
0.001(1.47%)
Mkt cap ! $104.6M
Open High Low Value Volume
6.8¢ 6.9¢ 6.6¢ $154.7K 2.297M

Buyers (Bids)

No. Vol. Price($)
1 21567 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 17271 1
View Market Depth
Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.